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To: bruinbirdman

I just got done reading that China and Russia quit the dollar, too. Does this mean the stock market will fall again tomorrow? Just wondering.

http://www.freerepublic.com/focus/f-news/2632229/posts


19 posted on 11/23/2010 8:35:27 PM PST by huldah1776
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To: huldah1776
"China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday."

"Does this mean the stock market will fall again tomorrow?"

China has a non convertible currency. Rubbles are almost as bad.

IMO their agreement is the equivalent of BARTER.

yitbos

21 posted on 11/23/2010 9:39:30 PM PST by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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